Shareholder backlash over executive pay doubles at Spain's small listed companies
The average vote against remuneration policies at Ibex companies moderated to 6.6% in 2026, down from a record 11.5% in 2025, while rejection at the continuous market more than doubled from 6% to 12.6%, the highest level in the series, according to Georgeson's annual study. Adverse recommendations from proxy advisors fell nine points at the Ibex to 27% and rose to 61% at the continuous market from 44%.
In 35 seconds
- The vote against remuneration policies at the Ibex fell from 11.5% to 6.6% in 2026
- At the continuous market rejection rose from 6% to 12.6%, the highest level in the series
- Adverse proxy advisor recommendations fell to 27% at the Ibex and rose to 61% at the continuous market
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IASummary generated by artificial intelligence from a story by Cinco Días. It may contain errors: the original source prevails.
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